Question
Download Solution PDFConsider the given statement and decide which of the given assumption(s) is (are) implicit
Statement:
The train fares have increased by 20% with immediate effect.
Assumptions:
I. People still prefer travelling by train despite the increase.
II. Other modes of commutation may also increase their fares.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFEven if fares increased that doesn’t mean people will stop using that service. Because for some people train is basic mode of transportation. It’s possible that some people will shift to some other modes of transportation but still most of the people will use the train transportation. So assumption 1 supports the statement.
There is nothing mentioned about the probability of fare hike in other commutation modes. So assumption 2 doesn’t support the statement.
Hence option 1) is correct option.
Last updated on Jun 26, 2025
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